General Electric Company (NYSE:GE) and Siemens are going all out this week to woo France as they compete to acquire the energy business of Alstom, the struggling French conglomerate that makes high-speed TGV trains. General Electric Company (NYSE:GE) net profit margin is 8.60% and weekly performance is -0.60%. On last trading day company shares ended up $26.51. Analysts mean target price for the company is $28.90. General Electric Company (NYSE:GE) distance from 50-day simple moving average (SMA50) is 1.41%.
Autodesk Inc. (NASDAQ:ADSK) announced two new technology innovations that will accelerate a new industrial revolution built around advanced manufacturing processes such as 3D printing. First is an open software platform for 3D printing called Spark, which will make it more reliable yet simpler to print 3D models, and easier to control how that model is actually printed. Autodesk, Inc. (NASDAQ:ADSK) shares advanced 0.95% in last trading session and ended the day on $52.00. ADSK gross Margin is 87.60% and its return on assets is 4.50%.Autodesk, Inc. (NASDAQ:ADSK) quarterly performance is -4.53%.
3M Co (NYSE:MMM) Health Information Systems and TriZetto Corporation have signed a strategic agreement to provide optional integration of 3M grouping, edit, compliance and pay-for-outcomes logic into TriZetto’s industry leading NetworX Pricer® and NetworX Modeler® solutions. When integrated, 3M software promotes timely compliance with federal and state government payment regulations and enables TriZetto’s clients to implement programs that identify avoidable cost and reward efficiency, quality, and care coordination. 3M Co (NYSE:MMM) shares moved up 0.59% in last trading session and was closed at $141.14, while trading in range of $140.05 – $141.18. 3M Co (NYSE:MMM) year to date (YTD) performance is 1.92%.
Hitachi Australia Pty. Ltd. (ADR) (OTCMKTS:HTHIY) has reinforced its commitment to the Innovation agenda by ramping up its sponsorship of the World Business Forum 2014, to be held in Sydney on 28-29 May. Hitachi, Ltd. (ADR)(OTCMKTS:HTHIY) ended the last trading day at $67.96.
Siemens AG (ADR) (OTCMKTS:SIEGY) is readying a formal offer for Alstom under which it would transfer its rail activities and less than €7 billion (RM30.7 billion) in cash to its French rival in exchange for its power assets, sources familiar with the German firm’s thinking say. On last trading day company shares ended up $131.61.
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